How Abularrage was paid
$11.1M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Bonus | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| John J. AbularrageCo-Chief Executive Officer | $750,000 | $2,500,000 | $1,416,057 | $6,400,000 | — | $11,066,057 |
| JP AubinCo-Chief Executive Officer | $820,197 | — | $673,772 | $6,596,478 | $320,296 | $8,410,743 |
| Sean A. WindeattCo-Chief Executive Officer | $1,003,125 | $460,000 | — | $6,573,813 | — | $8,036,938 |
| Jason W. HaufChief Financial Officer | $700,000 | — | $87,258 | $950,000 | — | $1,737,258 |
| Stephen M. MerkelExecutive Vice President and General Counsel | $1,000,000 | — | — | $2,000,000 | — | $3,000,000 |
| Howard LutnickFormer Chairman of the Board and Chief Executive Officer | $136,986 | — | $2,531,436 | — | — | $2,668,422 |
What changed and why
- $11.1M$11,066,057 was John Abularrage’s reported 2025 total compensation, including $1,416,057 in equity awards related to prior periods.
- $8.4M$8,410,743 was JP Aubin’s reported 2025 total compensation, including $320,296 in all other compensation.
- $8M$8,036,938 was Sean Windeatt’s reported 2025 total compensation, including a $460,000 one-time profit allocation.
- $6.6M$6,596,478 was Aubin’s 2025 incentive-plan bonus, paid partly in cash and partly in RSUs.
- $6.6M$6,573,812 was Windeatt’s 2025 incentive-plan bonus, paid partly in cash and partly in RSUs-LLP.
- $144K$144,450 was the median employee’s annual total compensation, with individual co-CEO ratios of 77:1, 58:1 and 56:1.
Other BGC Group proxy statements
- 2025 proxy statement
Howard W. Lutnick paid $15M (-12% on the year), pay ratio 117:1.
Filed Sep 30, 2025
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.